THE drop in price, which means customers will pay no more than 129.9p a litre for petrol and 136.9p for diesel, will come as a relief to cash-strapped motorists.

In the latest round of cuts, Sainsbury’s are reducing their petrol by up to 6p a litre and diesel by up to 4p a litre.

This means customers will pay no more than 129.9p a litre for petrol and 136.9p for diesel, with the reductions taking place from today.

Asda are also cutting prices, with customers paying no more than 128.7p a litre for petrol and 135.7p for diesel.

Yesterday, motoring groups who have been calling for a 6p-a-litre cut following a 2.4 per cent drop in the cost of oil said “about time too”.

The AA said: “Sainsbury’s price cut should turn what has been, up to now, a phoney fuel price war into one that means something to hard-pressed drivers, their families and businesses.”

RAC spokesman Pete Williams added: “This reflects the level of price reduction we hoped for and we are pleased another major fuel retailer is passing on the wholesale price drop to motorists. Let’s hope more fuel retailers follow suit.”

Tesco said that from late afternoon yesterday, they were cutting petrol by up to 3p a litre and diesel by up to 2p.